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Deutsche Bank Sticks to Its Buy Rating for Vodafone (VOD)

Tipranks - Tipranks - Tue Jun 16, 3:08AM CDT

Deutsche Bank analyst Robert Grindle maintained a Buy rating on Vodafone today and set a price target of £1.50.

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According to TipRanks, Grindle is ranked #3092 out of 12251 analysts.

Vodafone has an analyst consensus of Hold, with a price target consensus of p107.63.

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Based on Vodafone’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p20.83 billion and a GAAP net loss of p1.22 billion. In comparison, last year the company earned a revenue of p19.17 billion and had a GAAP net loss of p5.23 billion

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VOD in relation to earlier this year.

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